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20121121
20121121
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KQED (PBS) 2
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
PBS
Nov 20, 2012 4:30pm PST
have anything in our arsenal that comes close." >> susie: bernanke is already using the weapons in his arsenal to fix the job market, which he said today is still "unhealthy". he also repeated the fed's plan to keep interest rates super low at least into 2015. >> we will want to be sure that the recovery is established before we begin to normalize policy. we hope that such assurances will reduce uncertainty and increase confidence among households and businesses. >> susie: but bernanke gave no hints on when americans can expect to see higher rates. >> the further we go down the road, the question is going to turn to how is the fed going to reverse policy, and what the chairman said today is that decision is a long way off. >> susie: on wall street, stocks slipped on that fiscal cliff warng frobernanke and then recovered. the dow lost seven points, but the nasdaq and the s&p both gained about a point. rebecca patterson joins us now to talk more about the markets and bernanke. she's the chief investment officer of bessemer trust. >> hi, rebecca, nice to have you with us. >> hi. thank you
Search Results 0 to 3 of about 4 (some duplicates have been removed)